The global bioactive
ingredient market is expected to reach USD 51.71 billion by 2024,
according to a new report by Grand View Research, Inc. Increasing disposable
income coupled with growing health awareness among consumers is expected to aid
the market growth. Their functional properties are capable of acting on the
human metabolism physiology by providing potential health benefits.
The extraction of these bioactive
compounds from original sources provides ample opportunities for adding value
to food products and also improves the dietary patterns of the changed
consumer’s lifestyle. They also help in preventing diseases related to heart,
cancer, degenerative forms and Alzheimer’s.
Marine environment is a
significant source for yielding bioactive components. Consumption of long-chain
fatty acids by some fish species is strongly associated with protection from
coronary heart diseases (CHD). Fish Origin Omega 3 PUFA oil are claimed to have
a lot of health benefits related to a person’s diet.
Recently, it has been reported
that there is an increasing demand for fish oils and fish oil fortified
products across various regions. Marine organisms are potentially identified
for calcium, antioxidants, anti-hypertensive proteins, selenium, and chitin.
Their usage in functional food segment is regarded as the most important part
and is expected to affect the overall market over the next eight years.
However, extraction of medicines
derived from plants is affecting the environment by causing deforestation and
is expected to affect the industry critically over the forecast period. Also,
to meet the rising consumer's interest for these products, manufacturers is
putting a lot of pressure on the marine organisms.
Recent technological advances
such as microencapsulation are adopted for protecting bioactive ingredients
from unwanted reactions and oxidation. There is a rising demand among
manufacturers to find suitable solutions that provide higher productivity and
adequate quality of the final products.
Browse full research report on Bioactive Ingredients
Market: http://www.grandviewresearch.com/industry-analysis/bioactive-ingredients-market
Further key findings from
the report suggest:
- Fibers were the leading product segment and accounted
for over 25% of global revenue in 2015. The effectiveness of fibers and
rising awareness regarding its benefits are the primarily attributed
reasons for this scenario.
- Functional food & beverage product segment is
expected to witness the highest CAGR of 7.4% over the forecast period. The
consumers owing to its potential health benefits prefer this segment.
- Asia Pacific was the leading consumer and accounted
for over 35% of total revenue in 2015. The region is also expected to
witness the highest growth of 7.5% over the next eight years. Changing
lifestyle coupled with rising health consciousness among people
particularly in China and India is drive the regional growth.
- Key industry participants include Mazza Innovation
Ltd., Sabinsa Corporation, Ingredion Incorporated, BASF, Cargill Inc,
Ajinomoto Co. Inc, Archer Daniel Midland Company and DuPont.
Access Research Insight By Grand View Research: http://www.grandviewresearch.com/research-insights/bioactive-ingredients-products-market-insights
Grand View Research has segmented the bioactive ingredient
market on the basis of product, application and region:
Global Bioactive Ingredients Product Outlook (Revenue,
USD Billion, 2014 - 2024)
- Fiber
- Vitamins
- Omega
3 PUFA
- Plant
extracts
- Minerals
- Carotenoids
& antioxidants
- Probiotics
- Other
types
Global Bioactive Ingredients Application Outlook
(Revenue, USD Billion, 2014 - 2024)
- Functional
food & beverages
- Dietary
supplements
- Clinical
Nutrition
- Personal
care
- Other
products
Global Bioactive Ingredients Regional Outlook (Revenue,
USD Billion, 2014- 2024)
- North
America
- U.S.
- Europe
- Germany
- UK
- France
- Asia
Pacific
- China
- India
- Central
& South America
- Middle
East & Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of California
and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
For more information: http://www.grandviewresearch.com
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